4 ms·

Totalitarian actions of the regime primarily against Muslim minorities (Uighurs), including concentration camps with >1M people.

by ivalm 7y ago

tptacek 7y ago
Yeah, no, I've read a newspaper in the last year. What exactly does that have to do with YC? They're withdrawing from China.
- ivalm 7y ago
  They made a mistake of going into China. The abhorrent behavior of the Chinese government was highlighted in recent events, so YC decided to pull the plug. Perhaps change in leadership also played a role in this. There is definitely an up-tick in public outrange in the West vis-a-vis China.
- derekdahmer 7y ago
  He's saying its weird they are withdrawing without saying why, when the human rights atrocities are likely a big factor.
  - ivalm 7y ago
    If they overtly offend China this would negatively impact YC current portfolio companies, discourage current/future LP, and other make their business more difficult. So they went with an intermediate approach.
    - aguyfromnb 7y ago
      >If they overtly offend China this would negatively impact YC current portfolio companies Don't you see that this mentality is exactly the problem? Some of these comments are really surprising.
      - ivalm 7y ago
        I agree with you. It's a tragedy of the commons, no one want to be "the one" who offends China if all their competitors do not. It's the same thing that drove the mad rush for Chinese market share. However, despite realizing this problem, it is not clear what to do about it. Clearly, YC did not choose to become leaders on the issue.
- icelancer 7y ago
  The Chinese statement reads more like it is being renamed.
- aguyfromnb 7y ago
  >Yeah, no, I've read a newspaper in the last year. Did you read one prior to Summer 2018? Because when YC decided to go into China, there were people in internment camps then too. This stuff didn't start last year: https://chinatribunal.com/ https://chinatribunal.com/
  - tptacek 7y ago
    Again: this is YC leaving China, not expanding further into it.
mrobot 7y ago
The international Muslim community has no problem with them and agrees that peaceful deradicalization is the best course of action. The reeducation centers are successful. The western capitalist-owned press is busy demonizing China and the CPC so we are ok with violence used against China, it's part of their agenda. When the west cries humanitarian concerns, it's never for good reason, always selfish and with intent to dominate. As one example of deception, I've seen people claim that muslims are "forced to drink in concentration camps", it's silly and not true.
- tomc1985 7y ago
  Fighting the good fight to maintain your social credit score, eh?
  - mrobot 7y ago
    There is so much misinformation regarding China. China helps all sorts of countries against western aggression. I support socialist projects like China and do not support a straight "free market" capitalist system. I like that they have state owned enterprises. I do not support the Hong Kong terrorists and really no one in the international left does.
    - Phillipharryt 7y ago
      .
      - dang 7y ago
        Please don't make a bad thread worse.
  - dang 7y ago
    This breaks the site guidelines. Please review them and stick to the rules when posting here, no matter how wrong or activating another comment is. https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html
rtpg 7y ago
Beyond the merits of "don't do business with anyone in China because of the actions of its government", I think that YC has not been known to take such strong ethical stands in the past. The simpler explanation is probably that the business climate is super risky if you're the foreign partner in any sort of JV with China, and they thought they could work through it through ... charisma and sweat and tears. And it turns out that in fact it is hard even if you're some techy VC or w/e. I think few question what the gov't is doing, but the question is more whether YC in particular was affected by actions in the past year that caused them to reverse course.
DiogenesKynikos 7y ago
That would be like a company withdrawing from the US because of its killing of a million people in Iraq, global kidnapping and torture program, or instigation of coups in Latin America. It's not a likely reason.

Totalitarian actions of the regime primarily against Muslim minorities (Uighurs), including concentration camps with >1M people.

by ivalm 7y ago

Totalitarian actions of the regime primarily against Muslim minorities (Uighurs), including concentration camps with >1M people.

tptacek 7y ago

Yeah, no, I've read a newspaper in the last year. What exactly does that have to do with YC? They're withdrawing from China.

ivalm 7y ago
They made a mistake of going into China. The abhorrent behavior of the Chinese government was highlighted in recent events, so YC decided to pull the plug. Perhaps change in leadership also played a role in this. There is definitely an up-tick in public outrange in the West vis-a-vis China.
derekdahmer 7y ago
He's saying its weird they are withdrawing without saying why, when the human rights atrocities are likely a big factor.
- ivalm 7y ago
  If they overtly offend China this would negatively impact YC current portfolio companies, discourage current/future LP, and other make their business more difficult. So they went with an intermediate approach.
  - aguyfromnb 7y ago
    >If they overtly offend China this would negatively impact YC current portfolio companies Don't you see that this mentality is exactly the problem? Some of these comments are really surprising.
    - ivalm 7y ago
      I agree with you. It's a tragedy of the commons, no one want to be "the one" who offends China if all their competitors do not. It's the same thing that drove the mad rush for Chinese market share. However, despite realizing this problem, it is not clear what to do about it. Clearly, YC did not choose to become leaders on the issue.
icelancer 7y ago
The Chinese statement reads more like it is being renamed.
aguyfromnb 7y ago
>Yeah, no, I've read a newspaper in the last year. Did you read one prior to Summer 2018? Because when YC decided to go into China, there were people in internment camps then too. This stuff didn't start last year: https://chinatribunal.com/ https://chinatribunal.com/
- tptacek 7y ago
  Again: this is YC leaving China, not expanding further into it.

mrobot 7y ago

The international Muslim community has no problem with them and agrees that peaceful deradicalization is the best course of action. The reeducation centers are successful. The western capitalist-owned press is busy demonizing China and the CPC so we are ok with violence used against China, it's part of their agenda. When the west cries humanitarian concerns, it's never for good reason, always selfish and with intent to dominate. As one example of deception, I've seen people claim that muslims are "forced to drink in concentration camps", it's silly and not true.

tomc1985 7y ago
Fighting the good fight to maintain your social credit score, eh?
- mrobot 7y ago
  There is so much misinformation regarding China. China helps all sorts of countries against western aggression. I support socialist projects like China and do not support a straight "free market" capitalist system. I like that they have state owned enterprises. I do not support the Hong Kong terrorists and really no one in the international left does.
  - Phillipharryt 7y ago
    .
    - dang 7y ago
      Please don't make a bad thread worse.
- dang 7y ago
  This breaks the site guidelines. Please review them and stick to the rules when posting here, no matter how wrong or activating another comment is. https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html

rtpg 7y ago

Beyond the merits of "don't do business with anyone in China because of the actions of its government", I think that YC has not been known to take such strong ethical stands in the past. The simpler explanation is probably that the business climate is super risky if you're the foreign partner in any sort of JV with China, and they thought they could work through it through ... charisma and sweat and tears. And it turns out that in fact it is hard even if you're some techy VC or w/e. I think few question what the gov't is doing, but the question is more whether YC in particular was affected by actions in the past year that caused them to reverse course.

DiogenesKynikos 7y ago

That would be like a company withdrawing from the US because of its killing of a million people in Iraq, global kidnapping and torture program, or instigation of coups in Latin America. It's not a likely reason.